SoftBank (SFTBY) edges up 1.8% as it throws its weight behind OpenAI's plan to restructure as a public benefit corporation, ...

SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the ...

OpenAI and Microsoft are reshaping their multibillion-dollar deal—Microsoft may slim its equity stake in return for ongoing ...

OpenAI has backtracked on plans to turn into a for-profit company after outcry from politicians, civic leaders, and Elon Musk ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely ...

Altman and the chair of OpenAI’s nonprofit board, Bret Taylor, said the board made the decision for the nonprofit to retain control of OpenAI but is proposing another way to grow its business.

After "hearing from civic leaders" and attorney generals, the plans have been scrapped, according to Bret Taylor, chairman of OpenAI's board. The move is likely to limit the power of chief ...

“The nonprofit status significantly reduces OpenAI’s ability to raise capital, as investors would want to be able to generate ...

OpenAI scrapped a controversial plan to become a fully for-profit company and opted to leave its nonprofit entity in charge.

Elon Musk digs tweets where Sam Altman said he doesn't believe in Trump’s principles. A federal judge in Oakland has set the trial on OpenAI’s case against Musk for March 2026.

The rebalancing of revenue shares comes at a time when OpenAI is actively restructuring its organizational structure and ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power over the pioneering maker of ChatGPT.